Barcelona transfer ban on HOLD to affect Arsenal, Man Utd and Chelsea's summer business #CarryGobySeanKellz #FutureGroupNG via @i_amreginaldjr

BARCELONA will be able to sign players this summer after FIFA announced that their transfer ban has been put on HOLD pending an appeal.

Barcelona are free to sign new players this summer[REUTERS]

Barca were slapped with a year-long transfer block for breaching FIFA's rules on the transfer of players aged under 18 earlier this month.

But after lodging an appeal, football's international governing body has suspended the ban until the disciplinary process is completed.

A FIFA statement said: "The chairman of the FIFA appeal committee considered that the appeal lodged by the club is to be granted suspensive effect."

With Barca able to sign new stars, Cesc Fabregas could make way to raise funds [GETTY]

The chairman of the FIFA appeal committee considered that the appeal lodged by the club is to be granted suspensive effect

FIFA statement

While the decision to overturn Barca's ban will boost the Spanish giants' ability to strengthen their squad this summer, it was also have a ripple effect on elite clubs in the Premier League.

Arsenal and Manchester United have recently revived their interest in midfielder Cesc Fabregas, who is coming under intense scrutiny from Barca fans.

And with new players now set to come in at the Nou Camp this summer, Fabregas could be sold to raise funds.

David Luiz could be targeted by Barcelona this summer [GETTY]

Barca have been long linked with a move for Chelsea star David Luiz, which may now be back on with their transfer ban rescinded.

Everton could also benefit from the news, with their hopes of keeping loanee Gerard Deulofeu for a second season bolstered.

However, it is just bad news for City - who like United - were hoping to use the block on Barcelona's transfer activity to steal their deal to sign the "new Lionel Messi", Alen Halilovic.